Amman, June 23 (Petra) –Chaired by Minister of Agriculture Dr. Saeb
Khraisat, Board of Directors of the Agricultural Credit Corporation
(ACC) convened on Tuesday and approved the corporation’s final
financial statements for the fiscal year 2025, which demonstrated a
“robust” financial position and a clear improvement in performance
indicators.

According to a Board statement, the meeting, which was held in the
presence of the ACC’s Director General, Mohammad Doujan and members
from the public and private sectors, reviewed the corporation’s
various performance indicators and readiness to implement the
automated system.

The board decided to delegate some powers to the central lending
committees in the Kingdom’s branches, aimed to streamline procedures
and expedite loan disbursement.

The statement said the step aligns with digitization and
computerization plans, and seeks to enhance decentralization in
financing decision-making, which would “positively” impact the
services provided to farmers.

Additionally, the board approved several loans, under the
“Agricultural Production and Marketing/Manufacturing Accelerator”
project, aimed to empower “promising” agricultural projects, increase
the product added value and enhance agricultural manufacturing
capabilities to boost production and improve the sector’s
competitiveness.

On its future vision, the board affirmed the ACC’s commitment to
developing its financing programs and expanding its services in line
with economic and administrative modernization plans and national
directives to support sustainable agricultural development and
enhance food security.

//Petra// AG